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��120202� <br />designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of <br />Bonower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, <br />then Borrower shall only report a change of address through that specified procedure. <br />There may be only one designated notice address under this Security Instniment at any one time. Any notice <br />to Lender shall be given by delivering it or by ma.iling it by first class mail to Lender's address stated herein <br />unless Lender has designated another address by notice to Borrower. Any notice in connection with this <br />Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If <br />any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law <br />requirement will satisfy the corresponding requirement under this Security Instrument. <br />16. Governing Law; Severability; Rules of Construcfion. This Security Instrument shall be governed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. <br />Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but <br />such silence shall not be construed as a prohibition against agreement by contract. In the event that any <br />provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall <br />not affect other provisions of this Security Instrument or the Note which c�n be given effect without the <br />contIicting provision. <br />As u�d in this S�urity Instrument: (a) words of the masculine gender shall mean and include corresponding <br />neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural <br />and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copp. Borrower shall be given one copy �of the Note and of this Security Instrument. <br />1�. '6rans�er of the ProperFy or a Beneficial [nterest in Bcfrrovver. As used in tbis �ection 18, "Interest in <br />the Properly" meaus any legat or beneficiai interest in ttce Property, including, but not limited to, those <br />t�enefieiai i�erests traasfened in a bond for dee�, contract for deed, instalImern sales contract or escrow <br />agreement, the intent of whicfi is the transfer of title by Borrower at a future date ta a purchaser. <br />If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a <br />natural persan and a tienef�cial interest in Borrower is sold or transferred) without Lender's prior written <br />consent, Lender may require i�ediate payment in full of all sums s�ured by this Security Instrument. <br />Hflwewer, t�is agrion shall IIot be exercised by Lender if such exercise is prohibite� by Applicable Law. <br />If Lender exercises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a <br />periad of not less than 30 days from the date the notice is given in accordance with Secrion 15 within wluch <br />Borrower must pay a11 sums secured by this Security Instrument. If Borrower fails to pay these sums prior to <br />the expiration of this geriod, Lender may invoke any remedies permitted by this Security Instrument without <br />further norice or demand on Bonower. <br />19. Bonower's Right to Reinstate After Acceleration. If Borrower meets certain condirions, Borrower <br />shall have the right to have enforcement of this Security Instrument discontinue� at any time prior to the <br />earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security <br />. Instrument; (b) such other period as Applicable Law might specify for the termination of Borrower's right to <br />reinstate; or (c) entry of a judgment enforcing this Security InstYVment. Those conditions are that Bonower: <br />(a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no <br />acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses <br />incurred in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' fees, <br />property inspecrion and valuarion fees, and other fees incuned for the purpose of protecting Lender's interest <br />NEBRASKA-Sirtgle Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Walters Kluwer F�nancial Servlcas <br />Form 3028 1101 <br />VMP6(NE) (1105) <br />Page 12 of 17 <br />e ' <br />